ANALYSIS
NQ100 Finds Support from PPIApr 14
Direction Searchings in Bitcoin is in the Foreground
Despite the bottom-up efforts in the cryptocurrency market, monetary tightening pressures and low-volume transactions are causing Bitcoin to remain below $20,000. Technically speaking, in the dissolution of the 50-period exponential moving average of $19,300 level, $19 thousand and then the lower band of the rising minor channel $18,500 levels can be considered as support. Otherwise, the $20,500 levels can be considered as resistance in possible upward attempts during the day.
